World News
Verizon, BT Are Said to Near JV Deal for International Business
Key Points
Verizon, BT Are Said to Near JV Deal for International Business Verizon Communications Inc. is in advanced talks to combine some of its international business with that of the UK’s BT Group Plc, according to people familiar with the matter. The companies are discussing a transaction that would be structured as a joint venture, said one of the people. Ownership of the unit would change hands, the people said, though the exact terms are unclear.
Verizon, BT Are Said to Near JV Deal for International Business
Verizon Communications Inc. is in advanced talks to combine some of its international business with that of the UK’s BT Group Plc, according to people familiar with the matter.
The companies are discussing a transaction that would be structured as a joint venture, said one of the people. Ownership of the unit would change hands, the people said, though the exact terms are unclear.